In the points-and-miles game, you win some and you lose some. Today’s a day to celebrate a small-but-sweet unexpected win.
This morning, I woke up to find a Chase Offer on my Sapphire Reserve (CSR) card – 15% back up to a maximum of $38. What a stroke of luck! We are literally checking out of a Hyatt today! (This is part of our continuing “Going for Globalist in 2019” plan.) This was a very nice way to start the morning.
Details of the Deal
This is a Chase Offer that may be attached to one or more of your Chase personal cards. The Offer was available on my CSR card. It was not available on any of my other Chase cards – World of Hyatt (rats!), and Marriott and Ritz-Carlton co-branded cards (not surprisingly). Unfortunately, it was not available on any of Philly’s Chase cards – CSR, Freedom or Freedom Unlimited.
Terms of the deal are:
- Get 15% statement credit back on spend at a qualifying Hyatt hotel
- Minimum spend of $100 to trigger the Offer
- Maximum statement credit = $38
- Must enroll in the Offer prior to using it
- US Hyatt-family hotels only
- Only good at the following brands: Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Place, Hyatt House, Andaz, Hyatt Centric and Park Hyatt
- Offer expires 4/30/2019
- Payment for your completed stay must be made by 4/30/2019
- Offer valid one time only
Analysis of the Deal
With a maximum benefit of $38, you’ll cap out the offer with $253.33 in spend ($38/0.15).
For us, the actual benefit to the offer is a bit less than $38. When we check out, we’ll split tender by putting about $255 on my CSR card and the rest on my Chase World of Hyatt card. The Hyatt card earns 4x Hyatt points for spend at Hyatt, whereas the CSR will earn 3x Ultimate Rewards (UR) points. Our baseline value for each is 1.5 cents per point, and we’ll earn 255 fewer points, meaning that our points return on this stay will be worth $3.83 less than if we’d used my Hyatt card for the entire stay. Thus, the actual net benefit of the Offer to us is a little over $34. That’s still a very nice win!
We do not have any firsthand data points on this, but we expect that the Offer could be triggered by purchasing Hyatt physical gift cards at the front desk of a qualifying hotel. If anyone has data points on this, please let us know in the Comments.
Chase Offers and BankAmeriDeals are administered by the same company on the back end, so it’s possible that this Hyatt deal will also appear on B of A cards. It did not appear on my B of A Alaska Airlines Visa card, unfortunately.
The very best deals are the ones where you don’t have to alter your behavior at all. We’ll spend an extra 1-2 minutes at check-out today splitting tender between my CSR and Hyatt cards, but that’s it. This was a silver-platter win if I’ve ever seen one!
Be sure to check for Chase Offers in your Chase App to see if you have this deal.[I saw this offer in my Chase App before I read their articles, but I’d still like to Hat Tip Doctor of Credit and Frequent Miler, who previously published this deal.]
Do you have any further insight on this deal? In particular, do you have any data points of being able to trigger the Offer with gift card purchases at a Hyatt hotel? Please let us know in the Comments!
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